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NVIDIA unveils it’s latest next-gen AI chips

Plus an AI for digitizing paperwork for local governments gets $6M

Today’s Highlights:

📰 News: NVIDIA unveils its next-gen AI chips - set to release in 2024

💰 Funding: AI for digitizing paperwork for local governments gets $6M

⚡️ Top News Stories:

1. Nvidia unveils it’s latest AI chip, the HGX H200, which promises significant memory and performance upgrades to enhance generative AI performance

2. Anthropic expands partnership with Google, using the new Cloud TPU v5e chips for its AI model Claude.

3. Microsoft introduces a watermarking tool to safeguard elections against deepfakes, enhancing content authenticity and cybersecurity.

4. U.S. and China to sign landmark deal at APEC summit, limiting AI use in nuclear and autonomous weapons, amidst rising tensions.

5. Google combats Bard AI scammers, seeking to protect users from malware disguised as AI tools and services.

💰 Top Funding News:

1. Trax Retail, an AI-driven merchandising and image recognition solutions for brands and retailers, raised a $50M venture debt investment from Deutsche Bank Private Credit & Infrastructure.

2. Aigen, a company building a solar-powered autonomous robot for crop management, raised a $12M Series A, led by ReGen Ventures w/ NEA, Cleveland Avenue, Incite, and Susquehanna Private Equity Investments. 

3. DeepInfra, which specializes in making AI infrastructure more affordable, raised a $8M Seed Round, led by A.Capital and Felicis.

4. Polimorphic, a startup using AI to digitize paperwork for local governments and their constituents, raised a $5.6M Seed Round from M13 w/ Shine Capital and Pear VC.

5. Era, an AI-powered wealth management platform, raised $3.1M Seed Round, led by Northzone w/ Protagonist and Designer Fund. 

6. Heali, an AI-powered personalized nutrition app aimed at using food as medicine, raised a $3M Seed Round, led by Astanor Ventures.

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